Treasurys Rise to Continue Win Streak

TODAY: April 1, 2015 PUB DATE: April 1, 2015

By Min Zeng U.S. government bonds rose Tuesday to cap the fifth quarterly gain in a row, the longest winning streak in more than a decade. The $12.5 trillion market continues to lure investors left uncertain by uneven global growth ...

Jacob Lew Criticizes China for Not Opening Up Economy -- 2nd Update

TODAY: April 1, 2015 PUB DATE: April 1, 2015

By Ian Talley China needs to remain committed to liberalizing its economy to help ensure global growth and a healthy relationship with the world's largest economy, U.S. Treasury Secretary Jacob Lew said Tuesday. Signs that Chinese authorities may not deliver ...

Mexican Government to Make Additional Budget Cuts in 2016

TODAY: April 1, 2015 PUB DATE: April 1, 2015

By Anthony Harrup MEXICO CITY--The Mexican government expects to lower spending next year by 135 billion pesos ($8.8 billion), in addition to the 124 billion pesos it has cut from this year's budget as it aims to continue narrowing fiscal ...

China Official Nonmanufacturing PMI 53.7 in March Vs. 53.9 in February

TODAY: April 1, 2015 PUB DATE: April 1, 2015

BEIJING--China's official nonmanufacturing Purchasing Managers' Index, a gauge of activity outside factory floors, fell to 53.7 from 53.9 in February, the China Federation of Logistics and Purchasing said Wednesday. A reading above 50 indicates expansion while a figure below 50 ...

French Car Sales Jump 9.3% on Year in March

TODAY: April 1, 2015 PUB DATE: April 1, 2015

By Jason Chow PARIS--New car registrations in France rose 9.3% on the year in March as both Peugeot SA (UG.FR) and Renault SA (RNO.FR) posted strong sales, according to data released by the country's car manufacturers' association. Sales of cars ...

Malaysia Minister: Inflation May Rise 1.1 Percentage Points Due to GST

TODAY: April 1, 2015 PUB DATE: April 1, 2015

By Jason Ng KUALA LUMPUR--Inflation in Malaysia may rise 1.1 percentage points due to the consumption tax implemented Wednesday, said Economic Planning Minister Abdul Wahid Omar. "Average inflation for 2015 is estimated around 3.0%, a reasonable rate and one of ...

Australian Home-Building Approvals Fall

TODAY: April 1, 2015 PUB DATE: April 1, 2015

By James Glynn SYDNEY--The number of Australian home-building permits issued fell in February, a turnaround from four consecutive months of gains. Approvals to build or renovate houses and apartments declined by 3.2% from January, the Australian Bureau of Statistics said ...

Oil Prices Slip as Iran Nuclear Talks Continue--Update

TODAY: April 1, 2015 PUB DATE: April 1, 2015

By Georgi Kantchev LONDON--U.S. oil prices fell on Wednesday as investors tracked the Iranian nuclear talks and a buildup in U.S. oil supplies. On the New York Mercantile Exchange, light, sweet crude futures for delivery in May recently traded at ...

Singapore Dollar Firms Up Against U.S. Dollar

TODAY: April 1, 2015 PUB DATE: April 1, 2015

Latest Change USD/SGD 1.3688 -0.0055 Overnight Rate 0.10% -15 bps 2-Year Bond Yield 1.23% -8 bps 10-Year Bond Yield 2.20% -7 bps 2-Year Swap Offer 1.50% -4 bps 10-Year Swap Offer 2.42% -3 bps 2-10-Year Swap Curve 92 bps +1 ...

Buhari Wins in Nigeria Vote -- Update

TODAY: April 1, 2015 PUB DATE: April 1, 2015

By Patrick McGroarty in Lagos, Nigeria, and Heidi Vogt in Yola, Nigeria Nigerians chose a former military dictator and anticorruption crusader to lead Africa's top economy, after a bruising election that raised hopes for closer relations with the U.S.--especially in ...

Congress Wants More Answers on Possible Fed Leaks

TODAY: April 1, 2015 PUB DATE: April 1, 2015

By Pedro Nicolaci da Costa U.S. lawmakers want additional answers from the Federal Reserve about published reports on the details of market-sensitive policy deliberations in 2012. Some members of Congress have indicated in recent days they are unsatisfied with a ...

China March HSBC Final Manufacturing PMI Down From February

TODAY: April 1, 2015 PUB DATE: April 1, 2015

BEIJING--The HSBC China Manufacturing Purchasing Managers' Index, a gauge of nationwide manufacturing activity, fell to a final reading of 49.6 in March from 50.7 in February, HSBC Holdings PLC said Wednesday. A reading below 50 indicates a contraction in manufacturing ...

GoDaddy Raises $460 Million in IPO

TODAY: April 1, 2015 PUB DATE: April 1, 2015

By Corrie Driebusch GoDaddy Inc., a technology provider to small businesses, priced its initial public offering at $20 a share Tuesday, according to a person familiar with the offering. The deal raised $460 million by selling 23 million shares, above ...

South Korea Exports Fall 4.2% in March

TODAY: April 1, 2015 PUB DATE: April 1, 2015

By Kwanwoo Jun SEOUL--South Korea's exports fell more sharply than expected in March, data showed Wednesday. Exports declined 4.2% from a year earlier to $46.99 billion, following a revised 3.3% drop in February, according to provisional data at the trade ...

Macerich Rejects Simon Property's Takeover Bid

TODAY: April 1, 2015 PUB DATE: April 1, 2015

Macerich Co. rejected the "best and final" bid from Simon Property Group Inc., which promptly withdrew its $16.8 billion offer, ending for now the possible combination of rival mall operators in the United States. Macerich, in a letter to Simon ...

Sears to Partner on Real-Estate JV

TODAY: April 1, 2015 PUB DATE: April 1, 2015

Sears Holdings Corp. on Wednesday said it plans to raise more than $2.5 billion by transferring properties to Seritage Growth Properties, a Maryland-based trust that the struggling retailer wants to turn into a real-estate investment fund. Sears has filed its ...